![Deduction available for Expenses incurred to conduct investigation as per SEBI directions as it was to protect Business Interest: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/deduction.jpg "Deduction available for Expenses incurred to conduct investigation as per SEBI directions as it was to protect Business Interest: ITAT [Read Order]")
Deduction available for Expenses incurred to conduct investigation as per SEBI directions as it was to protect Business Interest: ITAT [Read Order]
In the case of HDFC Trustee Company Ltd, Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently held that expenses incurred according to the...
![Penalty Proceedings without Application of Mind by Assessing Officer is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty Proceedings without Application of Mind by Assessing Officer is Invalid: ITAT [Read Order]")
Date of Possession is Not Material for deciding the Period of Holding to Compute Short Term or Long Term Capital Gain: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) has ruled that date of possession is not material fact for deciding the period of holding to Compute Short Term or Long Term Capital Gain....
![Date of Possession is Not Material for deciding the Period of Holding to Compute Short Term or Long Term Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Date of Possession is Not Material for deciding the Period of Holding to Compute Short Term or Long Term Capital Gain: ITAT [Read Order]")
ITAT deletes Re-Assessment since Revenue couldn’t establish that Escapement of Income was due to failure of Full and True Material Facts: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) granted relief to Export-Import Bank of India by quashing the re-assessment notice since Revenue couldn’t establish that the escapement of...
![ITAT deletes Re-Assessment since Revenue couldn’t establish that Escapement of Income was due to failure of Full and True Material Facts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "ITAT deletes Re-Assessment since Revenue couldn’t establish that Escapement of Income was due to failure of Full and True Material Facts: ITAT [Read Order]")
Remitted Portion of the Sales Tax can’t be included in Assessable Value since VAT is paid actually at the time of Removal of Goods: CESTAT [Read Order]
Delhi CESTAT in the case of M/s Ultratech Cement vs. CCE, Jaipur-I ruled that remitted portion of the sales tax cannot be included in assessable value since VAT is paid actually at the time of removal...
![Remitted Portion of the Sales Tax can’t be included in Assessable Value since VAT is paid actually at the time of Removal of Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/VAT-Taxscan.jpg "Remitted Portion of the Sales Tax can’t be included in Assessable Value since VAT is paid actually at the time of Removal of Goods: CESTAT [Read Order]")